Cost of Living Comparison Between Medellin and Binangonan Cost of Living Comparison Between Medellin and Binangonan

Monthly Cost of Living

Monthly costs for one person with rent: $1,681 in Medellin versus $737 in Binangonan.

Estimated couple costs with rent: $2,445 in Medellin versus $1,097 in Binangonan.

Monthly costs for a family of three with rent: $3,210 in Medellin versus $1,456 in Binangonan.

Living in Medellin is roughly 128% more expensive than in Binangonan, driven mainly by Groceries & Markets.

The two cities straddle the global median: Medellin is 23% above, Binangonan is 46% below.

Meal at Budget Restaurant

$8.02 COP 25.4K

$3.86 ₱242

107.77%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 152.0K

$16.93 ₱1,064

182.75%

Fast Food Meal (McDonalds, etc)

$9.89 COP 31.4K

$2.72 ₱171

263.60%

Cappuccino

$3.13 COP 9,937

$1.77 ₱111

76.84%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.91 COP 6,058

$0.57 ₱35.74

235.09%

Water (0.33 liter bottle)

$1.51 COP 4,794

$0.27 ₱16.91

459.26%

Local Beer (0.5 liter draught)

$3.12 COP 9,917

$1.29 ₱81.2

141.86%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.3K

$1.55 ₱97.6

270.97%

Milk (1 liter)

$1.44 COP 4,587

$1.61 ₱101

-10.56%

White Bread (500g)

$2.49 COP 7,894

$1.10 ₱69.0

126.36%

Rice (white) (1kg)

$1.77 COP 5,631

$0.85 ₱53.5

108.24%

Eggs

$2.96 COP 9,396

$1.76 ₱110

68.18%

Local Cheese (1kg)

$10.07 COP 32.0K

$5.02 ₱315

100.60%

Chicken Fillets (1kg)

$10.12 COP 32.1K

$3.50 ₱220

189.14%

Beef Round Steak (1kg)

$14.30 COP 45.4K

$7.65 ₱481

86.93%

Apples (1kg)

$4.14 COP 13.1K

$2.20 ₱138

88.18%

Banana (1kg)

$1.61 COP 5,106

$1.37 ₱86.0

17.52%

Oranges (1kg)

$2.25 COP 7,129

$2.40 ₱151

-6.25%

Tomato (1kg)

$2.25 COP 7,150

$1.08 ₱67.8

108.33%

Potato (1kg)

$2.04 COP 6,486

$1.72 ₱108

18.60%

Onion (1kg)

$1.54 COP 4,873

$1.72 ₱108

-10.47%

Lettuce (1 head)

$1.17 COP 3,715

$0.67 ₱42.21

74.63%

Water (1.5 liter bottle)

$1.31 COP 4,148

$0.49 ₱30.83

167.35%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.4K

$2.89 ₱182

34.95%

Wine (Bottle)

$14.01 COP 44.5K

$7.36 ₱462

90.35%

Local Beer (0.5 liter bottle)

$1.74 COP 5,534

$0.95 ₱59.8

83.16%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,112

$1.84 ₱116

55.98%

One-way Ticket (Public Transport)

$1.22 COP 3,858

$0.25 ₱15.53

388.00%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 255.5K

$11.24 ₱706

616.01%

Taxi Start (Normal Tariff)

$1.31 COP 4,155

$0.81 ₱50.8

61.73%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,944

$0.21 ₱13.16

942.86%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.7K

$1.96 ₱123

344.39%

Gasoline (1 liter)

$1.37 COP 4,334

$1.12 ₱70.1

22.32%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.8K COP 88.4M

$21.7K ₱1.4M

28.31%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.8K COP 113.6M

$19.1K ₱1.2M

87.45%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$177 COP 562.9K

$140 ₱8,789

26.74%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.88 COP 44.1K

$14.52 ₱912

-4.41%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 94.4K

$23.13 ₱1,453

28.49%

Gym Membership (Monthly)

$44.88 COP 142.5K

$29.01 ₱1,823

54.71%

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.4K

$4.45 ₱280

284.72%

Cinema Ticket

$6.65 COP 21.1K

$5.06 ₱318

31.42%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$813 COP 2.6M

$74.0 ₱4,647

998.99%

International Primary School, 1 Child (Yearly)

$9,187 COP 29.2M

$2,507 ₱157.5K

266.47%

Jeans (Levis 501 Or Similar)

$89.5 COP 284.1K

$28.67 ₱1,801

212.14%

Summer Dress (H&M, Zara, etc)

$59.0 COP 187.2K

$19.50 ₱1,225

202.41%

Sport Shoes (Adidas, Nike)

$138 COP 438.8K

$70.9 ₱4,451

95.06%

Men's Leather Business Shoes

$102 COP 324.2K

$56.0 ₱3,518

82.37%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.4M

$268 ₱16.8K

296.82%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$173 ₱10.8K

284.28%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 6.0M

$461 ₱29.0K

309.19%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.3M

$352 ₱22.1K

192.02%

Buy Apartment in City Center (m2)

$4,183 COP 13.3M

$2,851 ₱179.1K

46.72%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

$1,109 ₱69.7K

51.01%

Average Monthly Net Salary (After Tax)

$678 COP 2.2M

$419 ₱26.4K

61.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

56.29%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Medellin: September 14, 2026

Last update for Binangonan: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,062 in Medellin and $268 in Binangonan. Housing cost is often the main lever when comparing two cities.

Medellin pays 62% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $48.00 in Medellin vs $17.00 in Binangonan for a mid-range dinner for two. Groceries echo the gap at $305 vs $168 per month, with Binangonan cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Medellin vs Binangonan: Cost of Living - Frequently Asked Questions

Binangonan is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Getting Around, Sport & Entertainment. The 128% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 62% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,062 in Medellin versus $268 in Binangonan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $813 in Medellin versus $74.0 in Binangonan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 82% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.

At $737 in Binangonan versus $1,681 in Medellin, a $1,500 budget is realistic in Binangonan but tight or insufficient in Medellin. The gap between the two cities makes Binangonan the clear choice for anyone on this budget.

For families, Binangonan is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Binangonan gentler on the wallet – expenses run 128% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.